Earth Blox Selected as a Net Zero 2.0 Cohort Company for 2021
Earth Blox has been chosen as one of only 32 UK climate tech and cleantech companies selected for Tech Nation's second Net Zero programme.
“Achieving net zero emissions may seem like an insurmountable challenge, but the reality is that many of the solutions required already exist — they just need to be supported and scaled. This is why the Net-Zero accelerator is so pivotal.” - Mahima Sukhdev, head of product strategy at GIST Impact, senior advisor to Xynteo, judge for Net Zero 2.0
Emerging trends this year saw an increase in companies developing carbon removal solutions, sustainable supply chains and using satellite and space technology for environmental monitoring.
Almost two-thirds of the companies in the diverse cohort are headquartered outside of London, and 41% have a female founder.
The Net Zero growth programme launched in September 2020 is the very first in the world to focus on sustainable companies that are helping the UK work towards achieving its goal to be net zero by 2050. Net Zero 2.0 is supported by headline partners BNP Paribas and programme partner Sage.
Earth Blox were assessed by 40 judges across key industries. These included climate specialists, investors and senior representatives from companies such as Google, National Grid, Sky Ocean, Bulb and B Corp, including Hayden Wood, CEO and Founder at Bulb, Marta Krupinska, Head of Google for Startups UK, and Pippa Gawley, Founder & Director of Zero Carbon Capital.
Over the course of the six-month programme, the investment received by the Net Zero 1.0 cohort increased from £87.8 million to £131.2 million, while the average headcount per company increased by 50%.